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Thursday, September 26, 2024

Landsdowne home prices fall in the first quarter of 2018

Realestate3

The median sale price of a home sold in the first quarter of 2018 in Landsdowne fell by $45,000 while total sales decreased by 50%, according to BlockShopper.com.

From January through March of 2018, there were two homes sold, with a median sale price of $197,500 - a 18.6% decrease over the $242,500 median sale price for the same period of the previous year. There were four homes sold in Landsdowne in the first quarter of 2017.

The median sales tax in Landsdowne for the most recent year with available data, 2015, was $1,139, approximately 0.6% of the median home sale price for the first quarter of 2018.

The following table compares Landsdowne to other Charleston County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Hollywood131030%$240,000$275,950-13%
Ponderosa37-57.1%$219,000$116,00088.8%
Church Creek220%$210,000$192,5009.1%
Awendaw42100%$200,800$347,000-42.1%
Edgewater Park10-$200,000$0-
Landsdowne24-50%$197,500$242,500-18.6%
Summerville1416-12.5%$192,500$172,50011.6%
Chesterfield12-50%$190,000$287,500-33.9%
Ravenel5425%$140,000$160,000-12.5%
North Charleston190217-12.4%$139,450$126,9009.9%
Adams Run67-14.3%$128,232$86,00049.1%

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